Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/21/2024 | $3.160 |
12/20/2024 | $3.160 |
12/19/2024 | $3.130 |
12/18/2024 | $2.990 |
12/17/2024 | $3.129 |
12/16/2024 | $3.121 |
12/15/2024 | $3.095 |
12/14/2024 | $3.095 |
12/13/2024 | $3.095 |
12/12/2024 | $3.095 |
12/11/2024 | $3.077 |
12/10/2024 | $3.073 |
12/09/2024 | $3.064 |
12/08/2024 | $3.077 |
12/07/2024 | $3.077 |
12/06/2024 | $3.077 |
12/05/2024 | $3.099 |
12/04/2024 | $3.070 |
12/03/2024 | $3.103 |
12/02/2024 | $3.118 |
12/01/2024 | $3.013 |
11/30/2024 | $3.013 |
11/29/2024 | $2.981 |
11/28/2024 | $2.984 |
11/27/2024 | $2.984 |
11/26/2024 | $2.984 |
11/25/2024 | $2.984 |
11/24/2024 | $3.257 |
11/23/2024 | $3.257 |
11/22/2024 | $3.257 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Somerset County, used by 2,618,092 or 74.00% of homes. The 2nd most popular choice for Somerset County homeowners is electricity, used by 532,344 homes (15.05%). The remaining homes are heated with heating oil (258,381), propane (91,132), no fuel (30,011), and other fuels (40,620).
Somerset County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Somerset County Households | % of Households |
---|---|---|
Natural Gas | 2.6M | 74.0% |
Electricity | 532,344 | 15.1% |
Heating Oil | 258,381 | 7.3% |
Propane | 91,132 | 2.6% |
No Fuel | 30,011 | 0.9% |
Other Fuels | 19,813 | 0.6% |
Wood | 12,502 | 0.3% |
Solar | 7,334 | 0.2% |
Coal | 971 | 0.0% |
Natural gas (74.0%)
Electricity (15.1%)
Heating oil (7.3%)
Propane (2.6%)
No fuel (0.9%)
Other fuels (0.6%)
Wood (0.3%)
Solar (0.2%)
Coal (0.0%)
Heating oil has become less popular in Somerset County. In the 7 years since 2015, the number of heating oil homes fell from 336,160 to 258,381, a 23.14% drop.
Somerset County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 420,231 |
2012 | 397,731 |
2013 | 374,390 |
2014 | 353,791 |
2015 | 336,160 |
2016 | 314,964 |
2017 | 298,525 |
2018 | 284,056 |
2019 | 271,250 |
2020 | 260,383 |
2021 | 256,421 |
2022 | 258,381 |
Between 2015 and today, the number of homes using propane as the primary space heating fuel rose from 61,515 to 91,132.
Between 2015 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,372,680 to 2,618,092.
Electric space heating systems are becoming more popular in Somerset County. Since 2015, the number of homes heating with electricity rose from 379,614 to 532,344, a 40.23% increase.
Solar is the most environmentally friendly of all space heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank in the basement.
Currently, 7,334 homes in Somerset County are heated with active solar arrays. This is a 488.60% increase from 2015, when only 1,246 homes had installed active solar heating.
Last year, Somerset County homeowners purchased a total of 4 million gallons of heating oil.
Short Term Trends
Somerset County’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Somerset County, the average outside temperature was 3.6° F warmer than the prior winter's average outside temperature.
Somerset County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 44.2° F |
2023 - 2024 | 40.6° F |
For Somerset County homeowners heating with oil, selecting which of the 32 heating oil companies that serve Somerset County is an important decision.
Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 71 “full-service” oil companies that serve Somerset County. Full service companies such as Patriot Discount Oil or Skylands Energy Service offer automatic fuel delivery and furnace repair under a single roof.
Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Somerset County homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Somerset County include Hackettstown Corporation and Affordable Oil.
Somerset County Heating Oil Company Fast Facts
Heating Oil Companies Serving Somerset County: 32 companies
Average Number Of Somerset County Homes Served Per Company: 206 homes
Average Gallons Delivered per Somerset County Oil Company: 135,785 gallons per year
Approximately 6,612 households in Somerset County heat their homes with fuel oil. This makes oil delivery essential, especially when Somerset County temperatures drop as low as 42.5° F each winter.
5% of Somerset County Households Rely On Heating Oil Delivery Each Winter
Somerset County Households | Somerset County Heating Oil Households |
---|---|
124,411 | 6,612 |
235 Somerset County Oil Companies Go the Distance
With 4 million gallons of heating oil delivered to Somerset County homeowners during the winter of 2023, the Somerset County community relies on its 235 oil companies to keep warm.
Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Somerset County, two of the closest terminals are Buckeye in Newark, NJ and Psx in Linden, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Somerset County.